US Bank
Risk Level:
Summary:
U.S. Bancorp will not do business with companies building oil and gas pipelines. It discriminates against religious organizations in its employee matching grants and fails to protect employees from viewpoint discrimination. U.S. Bancorp uses its corporate reputation and funds to advance ideological causes. For these reasons, US Bancorp receives a "High Risk" rating.
Has denied service to customers, suppliers, or vendors due to their political views or religious beliefs OR corporately boycotts, divests, or sanctions regions, people groups, or industries.
In 2020, U.S. Bancorp released a climate change report that stated the company’s intent to factor climate risks into investment decisions, including excluding oil and gas pipelines from financing (1). However, the bank certified to the state of West Virginia in 2022 that it does not discriminate against financing for coal business ventures (2). U.S. Bank has resisted pressure to boycott the firearms industry, financing Vista outdoor as recently as 2018 (3). It remains to be seen if U.S. Bank will fully cease its financial discrimination.
Charitable giving (including employee matching programs) policies or practices discriminate against charitable organizations based on views or religious beliefs.
Employment policies fail to protect against discrimination based on political affiliation/views and/or religion.
U.S. Bancorp does not protect its employees from viewpoint discrimination (1).
Uses corporate reputation to support ideological causes and/or organizations hostile to freedom of expression.
U.S. Bancorp advocates for the Equality Act (1).
Uses corporate funds to advance ideological causes, organizations, or policies hostile to freedom of expression.
Uses corporate political contributions for ideological, non-business purposes.
All links were last accessed and all information was updated on:
January 24, 2023
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